BMW to develop keyfob that doubles as credit card!

chrisE92 · 10-21-2008, 03:54 PM

http://www.leftlanenews.com/bmw-deve...edit-card.html

Quote:

BMW developing smart key to double as credit card

It seems that pretty much all humans go through the same checklist before leaving the house: Keys, phone, wallet. But if BMW has its way, that list will be reduced by one. BMW is currently working with NXP to develop an automotive key that can double as a credit card.

Although the system is strictly a prototype as of now, BMW hopes the system can make the transition to reality in the not-so-distant future. Like a typical credit card, the key fob would be able to pay for anything from parking to groceries.

BMW is banking that the convenience of two technologies within a single unit will drum up public support for its system. After all, many electronic devices are pulling double duties these days, with Apple’s iPhone leading the charge.

“With the concept of integrating contactless payment functionality in a car key, we are working on the combination of automotive technology and lifestyle,” said Prof. Raymond Freymann, managing director of BMW Group Research and Technology. “In cooperation with NXP we are doing research in enhancing the capabilities of the car key into one smart device for access, payment, and services that will simplify the lives of BMW car drivers in future.”

No word on when BMW hopes to get the new system to market, but we’re sure it will face at least a few hurdles. While the combination of a key fob and credit card does add some convenience, it also has some inherent problems. Who hasn’t lost either their car keys or wallet, even if just for an hour or two?

keanu1 · 10-21-2008, 04:05 PM

super

Year's_End · 10-21-2008, 04:06 PM

that's actually a really, really smart idea.

chrisE92 · 10-21-2008, 05:35 PM

yup... until you lose your keys

evoi19 · 10-21-2008, 05:45 PM

if this does happen, i can see a contract with an online music site such as itunes for instant DL to your car. Or developing the iDrive further by allowing web surfing and purchasing power all from your car.

vAnt826 · 10-21-2008, 06:18 PM

I'd rather not. I've lost two credit cards already and it's going to cost a bitch to get one that has a key feature built in.

How about we skip the whole credit card thing and move straight into built-in-key phones.

BoostedBMW · 10-21-2008, 10:25 PM

This seems like a cool idea... I guess they needed to add another $500 checkmark to the options list.

josephr25 · 10-21-2008, 10:32 PM

Quote:

Originally Posted by vAnt826

How about we skip the whole credit card thing and move straight into built-in-key phones.

Like in Japan?

You might have some people on this forum saying "well they took it from Germany"

aut0sh0cker · 10-21-2008, 10:35 PM

-"Hey dad, can I borrow the car?"

-"Sure son."

-Kid uses key to max out credit limit and buy random useless crap...

mjg335 · 10-21-2008, 10:41 PM

just make it easier for thiefs now..
when u steal my car take my credit card too..

BoostedBMW · 10-21-2008, 10:42 PM

Quote:

Originally Posted by aut0sh0cker

-"Hey dad, can I borrow the car?"

-"Sure son."

-Kid uses key to max out credit limit and buy random useless crap...

That's fine as long as he knows that he would be coming home to a not so random beating.

watrob · 10-21-2008, 11:34 PM

Great for car rental companies, all BMW has to do is also put a swipe card slot in the door handle, so when you arrive at the airport and need a car hire just walk up and swipe your CC, hop in and drive away as they can track BMW's already.

Rotary Rasp · 10-22-2008, 02:00 AM

this is nothing new...

my mazda had a credit card key.

snipersix · 10-22-2008, 02:04 AM

this can be abit scary. If you happen to loose your FOB, you loose your credit card with it. Which is only asking for problems...

Deda · 10-22-2008, 02:46 AM

cool!

vAnt826 · 10-22-2008, 02:49 AM

Quote:

Originally Posted by Rotary Rasp

this is nothing new...

my mazda had a credit card key.

Please read the OP. MB has been using credit card keys for a while also. We're talking about keys with credit card functionality.

AplineBeema · 10-22-2008, 03:29 AM

What about valet parking?? the mechanic?? and any other strangers you might give your car to for a little bit??
these are two things that shouldnt be put together!
BAD idea. But FOB and Cellphone... now can make a little more sense!

Dragonman4 · 10-22-2008, 07:29 AM

+1 to the fact that if you lose your key you lose your credit card as well. But then again, I guess with a credit card key, you could stick it in your wallet instead of your pocket, but by the looks of that thing, get ready to look like you have another buttcheek. That thing probably going to be at least 3-5 credit cards in thickness.

Mooreski · 10-22-2008, 08:58 AM

I can just picture it now.... I go to the bar and open a tab on my card. I proceed to become Captain Drunk and forget my card there. It's OK, I'm taking a cab since I'm captain drunk. Next morning I go to the bar to pick up my card and my car. Not only did the bartender buy his own drinks on it all night, my car has 200 more miles on the ODO and a dent in the door.

How about a key fob that is the same size as a credit card, instead of one that actually combines the two?

chrisE92 · 10-22-2008, 12:44 PM

well I have a feeling the keyfob wouldn't necessarily be the size of a credit card, but rather have the function of making payments by waving the fob in front of some sort of scanner, much like visa's new feature

BMW F22 · 10-22-2008, 01:20 PM

Quote:

Originally Posted by chrisE92

well I have a feeling the keyfob wouldn't necessarily be the size of a credit card, but rather have the function of making payments by waving the fob in front of some sort of scanner, much like visa's new feature

Agreed. I forgot what that Visa thing is called though (Visa gopass??). I think it would be a very cool idea for those that look to reduce the number of things they carry on them. On the other hands, what is the point when you would still need a wallet to carry your driver's license and perhaps other cards.

I'm sure BMW will figure something out though.

!Xoible · 10-22-2008, 01:20 PM

oh hell no!

10-21-2008, 04:05 PM	#2
keanu1 tiamat 377 Rep 1,475 Posts Drives: 525 d Join Date: Aug 2007 Location: romania iTrader: (0)	super
	Appreciate 0 Quote

10-21-2008, 04:06 PM	#3
Year's_End Lieutenant General 1135 Rep 12,444 Posts Drives: 2020 Shelby GT350 Join Date: Feb 2007 Location: FL iTrader: (0)	that's actually a really, really smart idea. __________________ Past: '08 E92 335i\|ZPP\|ZSP\|6AT Past: '15 Mustang GT\|401A\|PP\|6MT Current: '20 Shelby GT350\|6MT
	Appreciate 0 Quote

10-21-2008, 05:35 PM	#4
chrisE92 Brigadier General 245 Rep 4,494 Posts Drives: Monaco Blue E92 Join Date: Sep 2007 Location: LA to HB iTrader: (21)	yup... until you lose your keys __________________ photos
	Appreciate 0 Quote

10-21-2008, 05:45 PM	#5
evoi19 Lieutenant General 1510 Rep 17,370 Posts Drives: 2022 G80C Join Date: Dec 2006 Location: Bay Area iTrader: (18)	if this does happen, i can see a contract with an online music site such as itunes for instant DL to your car. Or developing the iDrive further by allowing web surfing and purchasing power all from your car.
	Appreciate 0 Quote

10-21-2008, 06:18 PM	#6
vAnt826 Major 63 Rep 1,417 Posts Drives: E92 M3 Join Date: Nov 2006 Location: Seattle iTrader: (3)	I'd rather not. I've lost two credit cards already and it's going to cost a bitch to get one that has a key feature built in. How about we skip the whole credit card thing and move straight into built-in-key phones.
	Appreciate 0 Quote

10-21-2008, 10:25 PM	#7
BoostedBMW Moderator 132 Rep 6,775 Posts Drives: TiAg E92 335 Join Date: Oct 2006 Location: Raleigh, NC iTrader: (14) Garage List 2003 S2000 [0.00]	This seems like a cool idea... I guess they needed to add another $500 checkmark to the options list. __________________ -Michael. Berlina Black S2000 CR is now in the garage l 19" Rial Daytona Race l KW V2 l Eisenhaus Race Exhaust l
	Appreciate 0 Quote

10-21-2008, 10:35 PM	#9
aut0sh0cker meh 123 Rep 1,756 Posts Drives: E92 335i, 997.2 C4S Join Date: Jan 2008 Location: 91362 iTrader: (2)	-"Hey dad, can I borrow the car?" -"Sure son." -Kid uses key to max out credit limit and buy random useless crap...
	Appreciate 0 Quote

10-21-2008, 10:41 PM	#10
mjg335 Private First Class 12 Rep 112 Posts Drives: 11 BMW 335 coupe &08 Yamaha R6 Join Date: Jul 2008 Location: Miami, FL iTrader: (1) Garage List 2008 R6 [0.00] 2007 335 coupe [0.00]	just make it easier for thiefs now.. when u steal my car take my credit card too..
	Appreciate 0 Quote

10-21-2008, 11:34 PM	#12
watrob Lieutenant Colonel 140 Rep 1,597 Posts Drives: MY2022 X5 M-Sport 45e White Join Date: Sep 2008 Location: Brisbane - Australia iTrader: (0) Garage List 2021 Toyota Yaris Z ... [0.00] 2022 BMW X5 G05 e45 [0.00] 2015 Ferrari Cali T [0.00]	Great for car rental companies, all BMW has to do is also put a swipe card slot in the door handle, so when you arrive at the airport and need a car hire just walk up and swipe your CC, hop in and drive away as they can track BMW's already. __________________ MY22 X5 M-Sport 45e White, 22"rims, Red Calipers, Ceramic Pads. Better off saying what it does not have and that's a B&O Audio System, otherwise all option boxes are ticked.
	Appreciate 0 Quote

10-22-2008, 02:00 AM	#13
Rotary Rasp Lieutenant Colonel 241 Rep 1,857 Posts Drives: 2009 E92 335i 6MT Join Date: Aug 2008 Location: SoCal - Torrance iTrader: (6)	this is nothing new... my mazda had a credit card key.
	Appreciate 0 Quote

10-22-2008, 02:04 AM	#14
snipersix Brigadier General 228 Rep 3,807 Posts Drives: Retired 2017 F87 M2 Join Date: Jan 2008 Location: Burnaby iTrader: (3) Garage List 2017 BMW M2 [0.00]	this can be abit scary. If you happen to loose your FOB, you loose your credit card with it. Which is only asking for problems... __________________ 2017 M2 Coupe:\|Black Sapphire Metallic\|DCT\|Nav/Idrive\|M Performance CF Spoiler\|M Performance CF DCT Interior\| M Performance Gloss Black Kidney Grills\| M Performance Steel Pedals \| Eventuri CF CAI \| 19" Brixton Rims \| KW V3 Clubsport \| Retired: \|2008 328i Sedan\|Montego Blue\|
	Appreciate 0 Quote

10-22-2008, 02:46 AM	#15
Deda Major General 563 Rep 7,034 Posts Drives: BMW M5 comp Join Date: Apr 2008 Location: Croatia iTrader: (0)	cool!
	Appreciate 0 Quote

10-22-2008, 03:29 AM	#17
AplineBeema AlpineBeema 0 Rep 23 Posts Drives: 335i\|Cpe\|Sprt\|Prm\|19" Join Date: Sep 2008 Location: Brentwood / LA, Ca - USA iTrader: (0)	What about valet parking?? the mechanic?? and any other strangers you might give your car to for a little bit?? these are two things that shouldnt be put together! BAD idea. But FOB and Cellphone... now can make a little more sense!
	Appreciate 0 Quote

10-22-2008, 07:29 AM	#18
Dragonman4 Brigadier General 94 Rep 3,709 Posts Drives: 996tt Join Date: Nov 2007 Location: Tri-state iTrader: (2) Garage List 2008 335xi [0.00]	+1 to the fact that if you lose your key you lose your credit card as well. But then again, I guess with a credit card key, you could stick it in your wallet instead of your pocket, but by the looks of that thing, get ready to look like you have another buttcheek. That thing probably going to be at least 3-5 credit cards in thickness. __________________ OG E90 Pwhore 2003 Porsche 911 Turbo Cobalt Blue (BLU 996) - 500+hp of mods. 2010 Toyota FJ Cruiser (Batmobile) -TRD stuff 2009 Merc C-350: AMG package, loaded 2008 E92 335xi - Gone
	Appreciate 0 Quote

10-22-2008, 08:58 AM	#19
Mooreski Lieutenant 29 Rep 489 Posts Drives: LMB '09 E90 M3 Join Date: Sep 2007 Location: Portland, OR iTrader: (1)	I can just picture it now.... I go to the bar and open a tab on my card. I proceed to become Captain Drunk and forget my card there. It's OK, I'm taking a cab since I'm captain drunk. Next morning I go to the bar to pick up my card and my car. Not only did the bartender buy his own drinks on it all night, my car has 200 more miles on the ODO and a dent in the door. How about a key fob that is the same size as a credit card, instead of one that actually combines the two?
	Appreciate 0 Quote

10-22-2008, 12:44 PM	#20
chrisE92 Brigadier General 245 Rep 4,494 Posts Drives: Monaco Blue E92 Join Date: Sep 2007 Location: LA to HB iTrader: (21)	well I have a feeling the keyfob wouldn't necessarily be the size of a credit card, but rather have the function of making payments by waving the fob in front of some sort of scanner, much like visa's new feature
	Appreciate 0 Quote

10-22-2008, 01:20 PM	#22
!Xoible Banned 832 Rep 46,029 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	oh hell no!
	Appreciate 0 Quote